Tether USDT
Tether is a stablecoin pegged to the US Dollar. A stablecoin is a type of cryptocurrency whose value is pegged to another fiat currency like the US Dollar or to a commodity like Gold.
Tether is the first stablecoin to be created and it is the most popular stablecoin used in the ecosystem. It has the largest stablecoins by circulation and market capitalization.
The USDT peg is maintained via a one-to-one collateral ratio. Tether Limited claims that every USDT in circulation is 100% backed by actual fiat in their reserves. Tether published their balances on their Transparency page. Tether Limited acts as a third-party custodian for the fiat currencies backing USDT.
Tether was originally based on the Omni Layer, a transport protocol on the Bitcoin blockchain. Therefore, the original version of Tether is characterized by the inherent stability and security of the longest-established blockchain network.
To accelerate adoption, in September 2017, Tether was launched on the Ethereum blockchain, as an ERC20 token. Tether’s Ethereum ERC-20 is now the most popular Tether token type.
Tether is the first stablecoin to be created and it is the most popular stablecoin used in the ecosystem. It has the largest stablecoins by circulation and market capitalization.
The USDT peg is maintained via a one-to-one collateral ratio. Tether Limited claims that every USDT in circulation is 100% backed by actual fiat in their reserves. Tether published their balances on their Transparency page. Tether Limited acts as a third-party custodian for the fiat currencies backing USDT.
Tether was originally based on the Omni Layer, a transport protocol on the Bitcoin blockchain. Therefore, the original version of Tether is characterized by the inherent stability and security of the longest-established blockchain network.
To accelerate adoption, in September 2017, Tether was launched on the Ethereum blockchain, as an ERC20 token. Tether’s Ethereum ERC-20 is now the most popular Tether token type.
Tether (USDT)
Source Code
Info
Website
Explorers
Community
Crypto. Made. Simple.
Connectee OÜ
Registry code 14891451
Registered at Estonia, Tallinn, Kesklinna linnaosa, Narva mnt 7, 10117
Registry code 14891451
Registered at Estonia, Tallinn, Kesklinna linnaosa, Narva mnt 7, 10117
© All Rights Reserved.
Connectee OU.
Connectee OU.
Connectee OÜ provides virtual currency services
License Number FVT000019
Start of validity 20.05.2020
Issuer of license: Estonian Financial Intelligence Unit
License Number FVT000019
Start of validity 20.05.2020
Issuer of license: Estonian Financial Intelligence Unit
This website is operated by Connectee OÜ. Company number 14891451 with its registered address: Estonia, Tallinn, Kesklinna linnaosa, Narva mnt 7, 10117. | LICENSE: Connectee OÜ is a regulated VASP with license number FVT000019 issued on May 20, 2020 by the Estonian Financial Intelligence Unit. License link RISK DISCLAIMER: Virtual currencies are highly volatile and novel instruments which are traded on virtual currency exchanges with full, minimal or with no-at-all regulatory supervision. Investing in virtual currencies is highly risky, and you can rapidly lose your entire invested capital. Before buying virtual currencies, you should consider whether you understand how the market in virtual currencies works and whether you can afford to take the high risk of losing your money. RESTRICTED JURISDICTIONS: Connectee OÜ do not establish virtual currency wallets to residents of certain jurisdictions. For further details please see our Terms and Conditions.
Support: support@connectee.io
Phone: +372 712 04 04 (Eesti)
Phone: +372 712 04 04 (Eesti)
